Translate this page:
![Mortgage Investors Group in [Dynamic1]](../assets/images/mortgage-investors-group.svg)
Market Comment Mortgage bond prices finished the week sharply lower which put upward pressure on rates. Volatility was the norm. We started the week on a negative note, had small positive movements Tuesday, traded off Wednesday and Thursday morning, only to finish with some positive movements Thursday afternoon and Friday morning. Inflation was the dominant … Continue reading MIG Market Watch, September 5th, 2022
Hispanic Heritage Month starts Sept. 15 and lasts until Oct. 15. This is the perfect time to learn more about Hispanic history, make an effort to assist their cause, and celebrate the culture. Why Does Hispanic Heritage Month Start in the Middle of the Month? Instead of beginning on the first of the month, Hispanic … Continue reading Celebrating Hispanic Heritage Month
Market Comment Mortgage bond prices finished the week near unchanged to slightly lower which put a little upward pressure on rates. We started the week on a negative note and that continued into Thursday morning. Rates rebounded Thursday afternoon and pricing was better Friday morning amid tame inflation readings. The data was mixed. New home … Continue reading MIG Market Watch, August 29th, 2022
Market Comment Mortgage bond prices finished the week a little lower which put upward pressure on rates amid considerable volatility. We started the week on a positive note amid no data. Rates worsened Tuesday as reports indicated China continued to dump US debt holdings and that their Treasury holdings were at 12-year lows. The data … Continue reading MIG Market Watch, August 22nd, 2022
Market Comment Mortgage bond prices finished the week a little better to help rates remain steady despite considerable volatility. We started the week on a positive note amid tame inflation readings. The consumer price index was unchanged vs the expected 0.3% increase. The core rose 0.3% vs 0.6%. The YOY change was 8.5% vs 8.7%. … Continue reading MIG Market Watch, August 15th, 2022
Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. We started the week on a positive note Monday but traded negatively the remainder of the week. Inflation fears tied to comments from Fed officials about continued rate hikes pressured rates higher Wednesday. Solid data Friday morning resulted in additional … Continue reading MIG Market Watch, August 8th, 2022
Market Comment Mortgage bond prices finished the week higher which helped rates improve. Trading remained volatile. Rates worsened ahead of the Fed meeting Wednesday. The Fed raised rates 75 basis points as expected. Data that signaled the economy is in a recession reversed the rate spikes seen earlier in the week. GDP fell 0.9% vs … Continue reading MIG Market Watch, August 1st, 2022
Elder financial abuse is more common than most people realize. Seniors lose as much as $30 billion a year to various forms of theft and crimes from scammers and even friends or family. Knowing how to prevent elder financial abuse is the best way to protect yourself and your loved ones. What is Elder Financial … Continue reading Elder Financial Abuse – How to Prevent it and Resolve It
Market Comment Mortgage bond prices finished the week higher which helped rates improve. Trading remained volatile but most of the movement was positive. Tame oil prices tied to increased foreign production and decreased US demand tempered some of the recent inflation fears. The Fed continued their MBS reinvestments which also helped rates. Most of the … Continue reading MIG Market Watch, July 25th, 2022
There are many ideas floating around about buying a house that just aren’t true. Maybe they were true at one time but aren’t valid anymore, or maybe the rumors were never factual. Either way, hopeful homeowners shouldn’t let these myths deter them from their homebuying plans. Here are some of the most popular homebuying myths … Continue reading Top Homebuying Myths Debunked by Our Experts
Mental health issues affect people regardless of their background, age, or race, but minorities face unique struggles in accessing care. National Minority Mental Health Awareness Month is observed each July to make more people aware of the mental health struggles among minorities and the importance of mental health care. Whether you’re a minority or not, … Continue reading Spread Awareness for Minority Mental Health This July
Market Comment Mortgage bond prices finished the week lower which put significant upward pressure on rates. The Fed continued their daily MBS reinvestments, but it was not enough the stem the selling pressure. Inflation fears dominated trading. Oil prices hovered around $120 per barrel and fuel prices averaged $5 per gallon across the Nation. The … Continue reading MIG Market Watch, June 13th, 2022
